A. Required: Using the list provided below, identify the name of each audit procedure described below. Inspection of records, documents or tangible assets Tracing Vouching Observation Enquiry Confirmation. Recalculation Re-performance . . Analytical procedures Note: An audit procedure may be selected once, more than once, or not at all. Each correct answer is worth 0.5 marks. Audit procedures 1- Reviewing the cash receipts journal to identify any unusual items. Answer: 2- Recomputing financial information on a sample of sales invoices to check the arithmetic accuracy of amounts. Answer: 3- Selecting a sample of sales orders and compare the details (amounts, dates etc.) on each sales order against entries in the sales revenue account. Answer: 4- Recounting a sample of inventory items already counted by the audit client's staff during the annual inventory/stock count. Answer: 5- Circularisation of letters to trade receivables to confirm balances at the end of the financial year end. Answer: